IPhone Growth Likely Cycles: 10% Every Third Year
$AAPL investors need to start thinking about iPhone growth next year. This fiscal year iPhone will grow around 17%. Next year the Street is expecting 5%. The 5% is ahead of the growth we saw in 2023-2025. FY25 - 4% FY24 - 0% FY23 - down 2%. The key question is will the real iPhone please stand up. Is it a flat business or growing mid single digits. My take: I believe every third year it should grow around 10%, and around 5% in the other years.
QQQ Climbs 0.9% as Non‑big‑tech Rallies 2%
the $QQQ was +0.9% today... $NVDA $META $MSFT detracted -1% from that number, leaving the other 97 tickers +2% on the day... h/t @KoyfinCharts https://t.co/xpa4W104Sd
Apple Projects 10‑12% Revenue Rise, Margins Dip, AI Upside
For the $AAPL call. Revenue guide for June: I expect 10-12% ($104B-$106B) This has been a super cycle. Whats the encore in CY27? Margins: How will the component environment impact margins in the back half? Last quarter, Cook said changes are likely...
Amazon's Revenue Soars to $810B, 24% CAGR
Amazon Revenue (Billions) 2026 (est): 810 2025: 717 2024: 638 2023: 575 2022: 514 2021: 470 2020: 386 2019: 281 2018: 233 2017: 178 2016: 136 2015: 107 2014: 89 2013: 74 2012: 61 2011: 48 2010: 34 2009: 25 2008: 19 2007: 15 2006: 11 24% annualized growth over the last 20 years
SPY Hits ATH as Apple Posts $111B Revenue Beat
$SPY closes at ATH and then Apple just reported quarterly revenue of $111b that beat analysts' estimates.. nice breakdown of just how much money they make and how: https://t.co/Br9j6yDTNs
Apple Beats Forecast, Guides Revenue Above Street Expectations
Overall the Apple numbers looked great. ➡️The stock is down 0.5% which is noise. ➡️The guide is what counts. I expect revenue guide higher than the 9% that the Street is looking for in June. ➡️Revenue growth was 17%,...
IPhone Revenue Hits Target Despite Mixed Forecasts
Did the iPhone miss? Depends on what number you're looking at. They reported $56.99B, up 22% y/y vs 23%. Factset was at $56.66B Whisper was $57.5B My take: They made the iPhone number. $AAPL
Amazon Hits Record Q1 Revenue, Profit, Margins
Amazon revenues increased 17% over the last year to a new Q1 record of $182 billion. Net Income increased 77% YoY to $30 billion, the highest quarterly profit in company history. Operating margins increased to a record 13.4% from 12.0%...
April S&P 100% Up Days: Rare Historical Event
The $SPX finished April with six 1% gains and zero 1% losses. This is rare. Since Aug 1973, it’s only happened 3 other months: Oct 2015 → -0.7% YTD Dec 1991 → +28.0% YTD Jan 1976 → +18.2% YTD source: @StockCharts https://t.co/jlP09VYfQG
AI Takes Center Stage in Upcoming Apple Earnings
Great to be on @CNBCClosingBell with @TheJudgeCNBC and a great panel of @Kantrowitz Dan Chung discussing Big Tech earnings and what to expect from Apple earnings with AI front and center in the year ahead @CNBC @CNBCtech 🏆🍿🐂📺🔥👇 https://t.co/mWmK0kJo61 https://t.co/K1mXLG08ea
S&P 500 Surges Past All-Time High Despite Energy Crisis
The S&P 500 shrugs off global energy crisis and hits a new all-time high https://t.co/VUKIJmA8mW
S&P 500 Surpasses 7,200, Doubling Decade‑Long Gains
The S&P 500 just crossed above 7,200 for the first time. A year ago it was at 5,600. 5 years ago it was at 4,200. 10 years ago it was at 2,100. $SPX https://t.co/b24VEKNTKj
DeepSeek V4 Pricing Gap Threatens US AI Premium
LIVE in an hour with @aidangomez on DeepSeek V4 and the pricing gap eating away at American AI's premium and then @danielnewmanUV post-earnings on the bargain Wall St made with big tech and why its getting tested as the sell off...
Meta Earnings Prompt Widespread Price Target Cuts
Analyst Price Targets after $META Earnings: TD Cowen $820 ➡️ $800 J.P. Morgan $825 ➡️ $725 BMO Capital $730 ➡️ $720 Barclays $800 ➡️ $830 Bank of America $820 ➡️ $835 Piper Sandler $880 ➡️ $800 Truist Financial $900 ➡️ $840 KeyBanc $760 RBC Capital $810 Cantor Fitzgerald $750 Oppenheimer $622.25 Citi...
Meta Hits Valuation Bottom, 20x Upside Potential
Meta down -9% today. 20x fwd earnings + 18x fwd. EBIT. $META bottomed at 12x fwd earnings and single digit fwd. EBIT back in 2022, when the company fought three headwinds simultaneously.
Google Cloud Outpaces AWS, Azure with 63% Growth
Google Cloud grew 63% year-over-year in Q1 2026. Amazon Web Services posted 28%. Microsoft Azure hit 40%. All three are exceptional. Only one hit 63%. https://t.co/zBaeH0tO08
Growth and P/E Misaligned, Market Def
Apple $AAPL +16% revenue growth 34 P/E Visa $V +17% revenue growth 30 P/E Johnson & Johnson $JNJ +6% revenue growth 26 P/E Coca-Cola $KO +2% revenue growth 24 P/E Exxon Mobil $XOM -1% revenue growth 23 P/E Meta $META +33% revenue growth 22 P/E A reminder that the market is not always rational.
Capex News Splits Big Tech: Alphabet Up, Meta Down
April 30, 2026. The market just split Big Tech in half. Alphabet +7% on a capex raise. Meta -9% on the same kind of news. Microsoft -5%. Amazon flat. Same headline, four different verdicts. That tells you something important —...
Mastercard Q1 Revenue Surges 16% with Strong EPS
𝐌𝐚𝐬𝐭𝐞𝐫𝐜𝐚𝐫𝐝 𝐄𝐚𝐫𝐧𝐢𝐧𝐠𝐬 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 (𝐐𝟏) 💰Revenue: $8.4B (+16% YoY) 💰EPS: $4.60 (+23% YoY) 💰Operating Margin: 60.8% 💰Net Income: $4.1B; (20% YoY) 💰Gross Dollar Volume: $2.7 trillion 💰$11.7B reaming to buy shares Stock price: $506
Qualcomm Shares Surge 19% on AI‑focused Earnings Beat
.@Qualcomm stock is up 19% on earnings beat, and datacenter & AI expectations. Qualcomm CEO spoke to @jonfortt on CNBC moments ago. ‘Agent driven devices ‘ will need more CPU, says @cristianoamon, Qualcomm CEO. I will argue that we have...
Shin‑Etsu's Naphtha Shortage Signals Chip Supply Risk
“Japan’s largest chemical company, Shin-Etsu Chemical, has withheld its full-year forecast,citing supply constraints on naphtha-derived products due to the war. Shin-Etsu, which also makes silicon wafers for semiconductors, says it’s difficult to “reasonably predict” performance for the fiscal year. Its...
Visa Drops Below 200-Day MA, Marks May Batt
$V Daily. Post-earnings pop, Visa back below 200-day moving average. This price level also goes back 20 months as being significant. Battleground area headed into May for Dow component https://t.co/eq2VIbxEN8
Amazon's Earnings Beat Sparks Brief Surge, Then Decline
That's an interesting earnings reaction... $AMZN beat topline, which probably earned that initial 3.9% gap higher on the open, but it has reversed all of those gains and more: https://t.co/PPwVRjEAyJ
Markets Soar While Americans Feel Economic Despair
S&P 500: ALL-TIME HIGH Consumer Sentiment: ALL-TIME LOW Wall Street says the economy is booming, but is not for the average American.
Google's Q1 Income Soars, Anthropic Stake Fuels $37.7B Gain
GOOGL net income increased to a staggering $62.6B in Q1 2026. Their Anthropic stake is now worth up to ~$140B and is the primary driver of $37.7B ‘other income’ gain in Q1 2026. GOOGL Q1 2026 visualized:
Caterpillar Boosts DJIA, Offsetting 90‑Point Drop
DJIA would be down 90pts if not for $CAT (adding 370pts to the average) https://t.co/enUdGgtidO
Investors Foolishly Favor Overpriced Stocks over Cheaper Alternatives
There's no other way to describe the investors reaction to MAG 7 earnings other than idiotic. They're selling off the cheaper stocks in favor of buying the more expensive ones. Whoever buys $GOOGL at a 30X forward PE in favor...
Earnings Deep Dive: Microsoft, Google, and More
Full video from yesterday’s live session on Substack is out Earnings Unveiled: Microsoft, Google, and More—Insights and Analysis https://youtu.be/EAj9CiJQkcs
Limit Downside, Capture Upside with Options Before Earnings
📺 MARKET REACTION TO MEGA-CAP EARNINGS: TREND STILL INTACT 🔴 Get today's newsletter: https://t.co/Rqp84Wg39F The market has been in a constructive uptrend, with $SPY holding above the 8-day, which has been key support throughout the recent rally. Major overhangs are now behind us:...
Tech Earnings Ahead as Gas Storage Drops
📊 Pre-Market Brief | Thu, Apr 30 ─────── 📅 MACRO DATA Natural Gas Storage: Est 83 | Prior 103 Core PCE Price Index m/m: Est 0.3 | Prior 0.4 ─────── 💰 MAG 7 EARNINGS MSFT Wednesday Est 4.07 GOOGL Wednesday Est 2.63 META Wednesday Est 6.67 AMZN Wednesday Est 1.89 AAPL...
Amazon Q1 Profit Bolstered by $16.8B Anthropic Gain
💰Epic footnote to AMAZON Q1 net income: "First quarter 2026 net income includes pre-tax gains of $16.8 billion included in non-operating income from our investments in Anthropic." https://t.co/qZpRKqQ5Ks
Google's Ad Revenue Climbs 15.5%, Overall up 22%
Google Ad revenue up 15.5% with overall revenue up 22% - big numbers but obviously not as big as last quarter https://t.co/VBLBlBx5y4 https://t.co/4rW4iHYivI
Meta Q1 Beats Forecasts with 33% Revenue Surge
Meta Platforms Q1’26: $56.3B revenue (+33% YoY), EPS crush to $10.44 (+53% vs est) Strong quarter where growth and monetization continue to compound. Ad engine remains highly efficient with impressions up 19% and pricing up 12%, pushing ARPP +26.7% YoY. Family...
AMD Surges as Big‑tech Earnings Tumble
Big Tech earnings just dropped today. Still a lot to read through. But one thing already looks clear: AMD is going so much higher.
Google's Ad Revenue Now 91% From Owned Platforms
Google earnings milestone today. Q1 marks the first time 91% of G's ad revenue (now $300B+ per year) comes from its owned properties (search, youtube, gmail, etc) rather than the rest of web. G is now accelerating death of open...
Meta Q1 Revenue Hits $56.3B, Profit Margin Peaks
Meta revenues increased 33% over the last year to a new Q1 record of $56.3 billion. Net income increased 61% YoY to a new record high of $26.8 billion. Net profit margin of 47.5% was a new all-time high. $META...
Tomorrow's Post-FOMC Update and Big Tech Earnings Preview
Make sure you get tomorrow's post-FOMC update plus thoughts on $GOOGL $MSFT $AMZN $META etc earnings 📩 https://t.co/YtTTmqCyAJ
Leveraged Google Bet Yields 125% Return Amid Strong Q1 Earnings
Never took my leveraged bet on Google off the books. Up 125% now. Should have levered more but I’m a fairly conservative investor. Q1 2026 Earnings Highlights shows they are firing on all business lines still. Revenue: $109.9 billion (Expected $107.2B). Earnings...
Meta's Tax Win Skews Earnings Multiple, AI Doubts Remain
$META Tax rate in Q1: -23% It trades at 23x earnings after today’s results, but if you use GAAP accounting it’s more like 18x because there was a massive tax saving in Q1. On a cumulative basis, Meta had a $15B+...
Microsoft Q1 Revenue Hits Record $83B, Azure Soars 40%
Microsoft's Q1 revenues increased 18% over the last year to a new record high of $83 billion. Net income grew 23% YoY to a new Q1 record of $32 billion. Azure and cloud services revenue increased 40% YoY, beating estimates. $MSFT...
Cloud Giants Surge, Fueling Semis, Power and Data Centers
$AMZN AWS Growth 28% $MSFT Azure Growth 40% $GOOGL Cloud Growth 63% Powerful tailwinds for: semis, power cos, data centers alive infra, grid. 2nd inning.
Analyzing Qualcomm's Q2 FY26 Financial Results
My thoughts on @Qualcomm’s Q2 FY26 Financial Results. For a cautionary note regarding forward-looking statements, information regarding our use of non-GAAP financial measures and a reconciliation to the most directly comparable GAAP measures, please see our earnings presentation available on our...
Meta Beats Expectations, Shows 30%+ Growth Across Board
$META: you would sell this at 17x? TR +33%, Ad rev +33%, OI +30%, OM 40.6% vs 35% expected and DAP +4%. Yes, Capx up but OpX flat.
AI Cloud Surge Validates Bull Thesis Across Tech Giants
The bull thesis just got validated. In a single afternoon. ...
Amazon's Q Beats Forecast, Growth Accelerates Across All Segments
$AMZN: good Q w beat/raise. TR +17% w N.A. retail +12%, intl +19%, AWS +28%, Ads +24%. OI beat and capex in line. Clearly the capex is working. Incredible growth for a company of this size/scale.
Google Rallies While Microsoft, Amazon, Meta Slide
Three of the four mega cap tech down after hours. We will hear from MSFT, AMZN and META at 5:30p ET. $GOOG up 6% $MSFT down 2% $AMZN down 2% $META down 6% (capex guide).
Google Climbs While Amazon, Microsoft, Meta Slide
Big tech earnings stock moves so far : $GOOG +3.5% 🟢 $AMZN -1.0% 🔴 $MSFT -1.6% 🔴 $META -6.0% 🔴
Google Smashes Earnings, Shares Hit All‑Time High
$GOOG just released their latest quarters earnings: - Revenue of $109.9B (+21.8% Y/Y) beats by $2.87B. - Q1 GAAP EPS of $5.11 beats by $2.44. - 5% dividend increase Google is trading at all-time highs in after hours.
Meta Posts 33% Revenue Jump, $26.8B Profit Before Layoffs
Meta Q1 Revenue Soars 33% in Q1, Net Profit Hits $26.8 Billion Ahead of Mass Layoffs https://t.co/XY24l3vt2Q via @variety
Google Beats EPS, Shares Surge 4.3% Post‑Earnings
Google earnings generates the biggest of the four top market cap players afterhours ticker reactions. EPS beats $5.11 vs $2.64 expected. Rallied as much as 4.3% after hours to a fresh record high https://t.co/IIOuID3VTN